Bookmarking Crypto Insights
Auto Added by WPeMatico
JPMorgan analysts are showing optimism as bitcoin exhibits strong upward trends moving into the fourth quarter. They highlighted October’s historically positive returns for the cryptocurrency and suggested this trend could persist. “We continue to see the crypto ecosystem being incrementally more sensitive to macro factors,” the analysts noted. JPMorgan Sees Bright Prospects for Bitcoin in … Read more
The outflows from crypto investment products in the last week followed a series of inflows totaling nearly $2 billion in the previous three weeks. Go to Source
A researcher from 21shares has offered an analysis of how bitcoin’s price could respond to the U.S. jobs report. The analyst indicates that BTC prices could increase if the Federal Reserve reduces interest rates. These rate cuts, which are likely tied to labor market trends, could lower borrowing costs, potentially boosting the cryptocurrency market. Bitcoin’s … Read more
The bullish jobs report adds fuel to hopes for an “Uptober” and fourth-quarter rally in Bitcoin’s price. Go to Source
Digital asset investment products posted a second consecutive week of inflows last week, totaling $321 million, CoinShares reported. Go to Source
JPMorgan Chase CEO Jamie Dimon has downplayed the significance of Federal Reserve rate cuts, emphasizing that broader economic forces are at play. He cautioned against focusing too much on the type of economic landing. “Honestly, most of us have been through all that stuff, it doesn’t matter as much,” said the JPMorgan executive. Jamie Dimon: … Read more
Bitcoin price action may have to diverge from stocks if history repeats itself after a bumper Fed rate cut, analysis warns. Go to Source
BitMEX co-founder Arthur Hayes disclosed significant holdings in Ether, Ethena and Pendle, expressing confidence about the next ETH bull market. Go to Source
CoinShares expects that a 50 basis point cut is more likely if inflation comes in below expectations in the upcoming inflation report on Sept. 10. Go to Source
CoinShares expects that crypto investment products will become “increasingly sensitive” to interest rate expectations in September. Go to Source
